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Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover.
Any time there’s a change in your life — a birth, marriage, change of job, new house — you should consider the tax consequences.
File separately or file jointly? This is the big question for married couples. Here’s how to decide which way to go. Plus, the current status of the “marriage penalty.”
Owning a home makes you eligible to deduct numerous expenses, including mortgage interest, points, property taxes and home equity loan interest.
While most families take deductions for their children, other dependents might be exemptions. We list five tax-dependency rules to make that determination.
This is what’s know as “unearned” income. It’s money you’ve made from savings accounts, CDs, stocks and bonds.
You’re eligible for many deductions if you’re self-employed, from office equipment and operating expenses to health insurance and special retirement savings plans.
Even when you die, taxes have to be paid before your estate can be distributed. Here are the federal exemption rules and a link to Bankrate’s state tax directory. Related Links: Related Articles: Eligible for the EITC? SHARE: Bankrate.com
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We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence.Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover.
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At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here's an explanation for how we make money. Bankrate logoThe Bankrate promise
Founded in 1976, Bankrate has a long track record of helping people make smart financial choices. We’ve maintained this reputation for over four decades by demystifying the financial decision-making process and giving people confidence in which actions to take next. Bankrate follows a strict , so you can trust that we’re putting your interests first. All of our content is authored by and edited by , who ensure everything we publish is objective, accurate and trustworthy. Our banking reporters and editors focus on the points consumers care about most — the best banks, latest rates, different types of accounts, money-saving tips and more — so you can feel confident as you’re managing your money. Bankrate logoEditorial integrity
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You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout life’s financial journey. Bankrate follows a strict , so you can trust that our content is honest and accurate. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. The content created by our editorial staff is objective, factual, and not influenced by our advertisers. We’re transparent about how we are able to bring quality content, competitive rates, and useful tools to you by explaining how we make money. Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for placement of sponsored products and, services, or by you clicking on certain links posted on our site. Therefore, this compensation may impact how, where and in what order products appear within listing categories. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range can also impact how and where products appear on this site. While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service. The most common reason your tax situation changes is that you’ve had a change in your life. Find out how the events might affect you and your taxes. You shouldn’t live your life to try to pay fewer taxes, but you should know how events in your life will affect your tax situation. You marry and it will change your tax status. You have a child, you’re entitled to a tax exemption. You invest and grow a grand portfolio — and you pay taxes on the income from it. You start your own business, and you can deduct many expenses, including health insurance. And when you die, the IRS wants something before your heirs can have their share. What you can expect to learn from this chapter:Any time there’s a change in your life — a birth, marriage, change of job, new house — you should consider the tax consequences.
File separately or file jointly? This is the big question for married couples. Here’s how to decide which way to go. Plus, the current status of the “marriage penalty.”
Owning a home makes you eligible to deduct numerous expenses, including mortgage interest, points, property taxes and home equity loan interest.
While most families take deductions for their children, other dependents might be exemptions. We list five tax-dependency rules to make that determination.
This is what’s know as “unearned” income. It’s money you’ve made from savings accounts, CDs, stocks and bonds.
You’re eligible for many deductions if you’re self-employed, from office equipment and operating expenses to health insurance and special retirement savings plans.
Even when you die, taxes have to be paid before your estate can be distributed. Here are the federal exemption rules and a link to Bankrate’s state tax directory. Related Links: Related Articles: Eligible for the EITC? SHARE: Bankrate.com